Business for Sale in DARTMOUTH, Devon COCKTAIL BAR & LIVE MUSIC/ENTERTAINMENT VENUE

Key Information

Reference

V35794N

Tenure

Leasehold

Status

For Sale

Region

Devon

Sector

Bars

Annual Sales

£249,609.00 Exc. VAT

Accommodation

No

Business Information

Unique LICENSED PREMSIES (Free of Tie), and thriving business proving most profitable, from 4 days trading each week. A very versatile property, offers a stunning BAR, provides LIVE MUSIC/ENTERTAINMENT, benefiting from KITCHEN facilities enabling a food offering to be introduced. A destination business occupying sought after DARTMOUTH town centre trading position, lying a stone’s throw from the river from where boat trips depart, benefiting from a valuable riverside alfresco bar/seating area, surrounded by other popular businesses ensuring considerable foot flow, in particular during the very busy summer months.

Deceptive premises, internal viewing considered a must, presented and fitted out to the highest of standards at considerable cost. Stylish air-conditioned bar/lounge/entertainment area, capacity 100, benefiting from stage and full AV system. Impressive bar servery with cocktail station, ancillary store/preparation/kitchen with extraction unit albeit not currently utilised, customer cloakroom facilities, plus the additional outside seating area. Enjoys favourable overheads, rent £230 per week plus outside seating, and qualifies for 100% business rate relief.

A fantastic business opportunity to acquire a thriving renowned business which still offers further opportunities through additional opening hours and food offering, popular with local residents, second home owners and holiday makers. Opening favourable hours to suit owner’s circumstances, trades 11 months each year, currently wet sales only. 2023 Sales £249,609 ex Vat, Gross Profit £157,910, proves highly profitable, even on a predominantly staff run operation.

Leasehold £99,500 sav (Offers Accepted), Ref: V35794N